Regeneration and property group HIMOR has appointed Mark Booth as its new managing director.

Booth takes up the role with immediate effect, following two years as the company’s finance director. A fellow of the Association of Chartered Certified Accountants, he has worked alongside HIMOR’s founder and executive chairman Will Ainscough since he launched the business 12 years ago, initially serving as company secretary. He succeeds Darren Jones, who left the business in late 2017.

His appointment comes as HIMOR prepares to break ground on the first phase of its Future Carrington regeneration scheme, which will transform the 1,660-acre Carrington Estate with new homes, employment space and transport links.

Mark Booth said: “I am thrilled to be given this opportunity at an exciting time for HIMOR. Our investment property portfolio and strategic land holdings are performing profitably, while our flagship Future Carrington project will break ground in the Autumn, kick-starting one of the most significant regeneration opportunities in the region.”

HIMOR is owned by Bill and Will Ainscough. Will Ainscough will continue in the role of executive chairman of Wain Group Holdings, the holding company for HIMOR and Wainhomes.

Will Ainscough said: “Mark and I have worked closely together since HIMOR’s inception and his understanding of our business and strategy makes him uniquely well-placed to drive us forward over the coming years.

In 2017, HIMOR secured outline approval for one million sq. ft of employment floorspace and 725 new homes at Carrington in 2017 and a reserved matters application for a 212,000 sq. ft industrial development known as Carrington Gateway was submitted in May. Wainhomes has also submitted a reserved matters application for its Carrington Village scheme of 269 homes. Both schemes are due on site later this year.

HIMOR is a land and property company that specialises in commercial development, land promotion, property investment and regeneration. The Company is based in Manchester and operates throughout the country.